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Dec 10, 2012
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china's holding of u.s. debt, too, has increased by over 50% in the course of president obama's presidency, so they own -- they already own about 33% of our -- 21% of our treasury securities, or at least they own most of the foreign ownership. >> they're the largest foreign holder of u.s. debt. megyn: thank you. okay. so on top of that, then their ownership of our debt has increased more than 50% over the past four years. is this a good thing? we need somebody to be buying us up. [laughter] >> well, good or bad, we are desperate borrowers, desperately looking for those who will buy our debt. because this nation depends on debt. 46 cents out of every dollar we have to borrow now for just the federal government. megyn: first we go to ourselves, right? first we go to american citizens and say would you like to buy some of america, and then we'll pay you back when we can? so we're number one, but china number two in terms of owning u.s. debt? >> the largest foreign holder, 22% of treasuries, over a trillion doll
china's holding of u.s. debt, too, has increased by over 50% in the course of president obama's presidency, so they own -- they already own about 33% of our -- 21% of our treasury securities, or at least they own most of the foreign ownership. >> they're the largest foreign holder of u.s. debt. megyn: thank you. okay. so on top of that, then their ownership of our debt has increased more than 50% over the past four years. is this a good thing? we need somebody to be buying us up....
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stocks they are still managing to gain us as economic data in china beat estimates and investors watch the latest developments in the american budget talks that european stocks fell from an eighteen month high and this is bonds as well took a bit of a bit saying are concerns that a leadership change in italy will just rocked efforts to curb the debts of the italian prime minister mario monti said he had lost support aliquid the markets did manage to get some momentum in the last hour or so that. the euro there's has a rather tumultuous day managing to gain a fraction there that's over the mystical situation in this. seems to be demonstrating resilience that news meanwhile here in moscow the russian ruble finished the day lower actually higher against the u.s. dollar a year you can see just that. the russian action market started the week gains a notch for the r.t.s. around four tenths of a cent for the my six largely down to oil prices gaining in the session always a big boost for investors here free energy dependent. next time you order for your favorite restaurant the waiter may stir
stocks they are still managing to gain us as economic data in china beat estimates and investors watch the latest developments in the american budget talks that european stocks fell from an eighteen month high and this is bonds as well took a bit of a bit saying are concerns that a leadership change in italy will just rocked efforts to curb the debts of the italian prime minister mario monti said he had lost support aliquid the markets did manage to get some momentum in the last hour or so...
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china has warned india against pursuing oil exploration in the disputed south china sea this after new delhi threatened to send warships to the resource rich area to protect its interests because you've got a piece going off a explains a conflict between the two nations could see both lose out. as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be putting the two asian giants on a collision course because of the mess that nationalism the indian government cannot afford to be seem to be weak in dealing with china obviously a higher power with the government popular over two hundred billion barrels of oil and large amounts of natural gas that's more than the vast majority of the world's energy rich nations have all hidden under the south china sea china claims most of the territory for itself but india has also managed to get access by buying a stake in a vietnamese gas field shortly after hanoi accuse chinese boats of sandwich dodging exploration india warned it's ready to use force to defend it
china has warned india against pursuing oil exploration in the disputed south china sea this after new delhi threatened to send warships to the resource rich area to protect its interests because you've got a piece going off a explains a conflict between the two nations could see both lose out. as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be putting the two asian giants on a collision course...
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Dec 10, 2012
12/12
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people say, how do we compete with china? we can have the entire world at our disposal and start businesses. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important with the budget deal going forward. we have to think about what our values are. we can spend money on infrastructure to make investments in the future rather than having short-term spending. support for basic research and for higher education, as drew talked about. tell us what is and we can plan around it with respect to health care costs and energy costs. then it businesses can create a renaissance of american competitiveness. >> i think that is a brilliant agenda. i don't think that has changed. let's assume we go through the fiscal cliff. immigration, investments. you are not going to do a dream act. it.had a chance to do w george bush, john mccain. maybe the republic
people say, how do we compete with china? we can have the entire world at our disposal and start businesses. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important with the budget deal going forward. we have to think about what our values are. we can spend money on infrastructure to make investments...
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Dec 10, 2012
12/12
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the other issue is china. we need to keep the chinese people here because when they go back, they will compete with us. timing, i think, is everything and we need to get this going and we need to get it now. and there is perhaps an important point in dividing visa issue from the general immigration issue. because one can be dealt with i think much more quickly. then the other one can. >> any comments on that? >> that's actually been my view for some time. because of the urgency around entrepreneurship and innovation, moving quickly to deal with high school immigration is the right way to go and very supportive of senator warner and cubio and mow ranio starting it back 2.0. if there was a consensus in the congress, and with the white house move on that, i would be delighted. my own assessment at this point is that that's unlikely. that i think unless there is a broader solution around immigration t. doesn't have to be everything, which is why it might be sort of start back plus maybe it could be comprehensive.
the other issue is china. we need to keep the chinese people here because when they go back, they will compete with us. timing, i think, is everything and we need to get this going and we need to get it now. and there is perhaps an important point in dividing visa issue from the general immigration issue. because one can be dealt with i think much more quickly. then the other one can. >> any comments on that? >> that's actually been my view for some time. because of the urgency...
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sea china claims most of the territory for itself but india has also managed to get access by buying a stake in a vietnamese gas field shortly after hanoi accused chinese boss of sandwich dodging exploration india warned it's really to use force to defend its interests. in the. longer term conflict but. it's inevitable because these countries now large ambitions of becoming global actors and players both china and india have been pumping billions of u.s. dollars into their armies and navies holding drools on a regular basis and. beijing has also announced its police will see in store to board and inspect form vessels surely the vast oil reserves in the south china sea are just too big of a cash for neither china or india to pass up because i really want a conflict between the two economic power houses says it may be a game that neither can win the two asian giants can't afford any weaknesses that would make it easier for other countries to take a bite of the vast resources the u.s. has long been increasing its economic and military presence in the region this is their west strain to
sea china claims most of the territory for itself but india has also managed to get access by buying a stake in a vietnamese gas field shortly after hanoi accused chinese boss of sandwich dodging exploration india warned it's really to use force to defend its interests. in the. longer term conflict but. it's inevitable because these countries now large ambitions of becoming global actors and players both china and india have been pumping billions of u.s. dollars into their armies and navies...
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this extension by built into china in terms of the glass. slipper bowls down the glass saying that the wall is a military clash so if the two eastern powerhouses can share nicely the catch me they will go to some other players already prowling on the sidelines you've got this going on with our team. americans in their hundreds of thousands across the states have gone online to say they want their region to be independent from washington parties more important i tried to find out why some u.s. nationals are eager to rip the stars and stripes apart. tonight. or tomorrow or here is after the former colony won the right to determine its own destiny. the task of perfecting our hero you have moved forward. four weeks following barack obama's reelection nearly one million americans have moved forward by campaigning to break apart all fifty states have filed online petitions with the white house requesting to peacefully secede from this so-called perfecting union a movement that's garnered more than thirty thousand signatures in north carolina where
this extension by built into china in terms of the glass. slipper bowls down the glass saying that the wall is a military clash so if the two eastern powerhouses can share nicely the catch me they will go to some other players already prowling on the sidelines you've got this going on with our team. americans in their hundreds of thousands across the states have gone online to say they want their region to be independent from washington parties more important i tried to find out why some u.s....
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Dec 10, 2012
12/12
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CNBC
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than china. partly because of relative wage levels, but also partly because of its proximity to the market and with energy and transport costs being what they are today, you're going to see a lot of change. and the u.s., like our industrialized economies, is going to have opportunities and it needs to prepare itself to exploit those opportunities. >> the ilo director general guy ryder talking to carolin. just a reminder, we spoke to pascal lamy who confirmed they've downgraded the world trade percent this year. that's had an impact on the volume of trade. it did ask him about what he thought the political situation in italy was going to develop and what impact. he said he thought and believed it would be contained, but then, of course, we might expect him to say that, as well. but he was speaking with mario monti earlier in the weekend, as well. on saturday he was with him. >> a diplomatic response, i would expect no less. great stuff from geneva. looking forward to having you back here tomorrow.
than china. partly because of relative wage levels, but also partly because of its proximity to the market and with energy and transport costs being what they are today, you're going to see a lot of change. and the u.s., like our industrialized economies, is going to have opportunities and it needs to prepare itself to exploit those opportunities. >> the ilo director general guy ryder talking to carolin. just a reminder, we spoke to pascal lamy who confirmed they've downgraded the world...
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Dec 10, 2012
12/12
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FOXNEWSW
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it's the same as sold in china and india. it's a big difference, the question is how does a company like mine compete in a global environment where china, india and europe are on our shore. >> they're having government subsidies to chinese products so they can put guys like you out of business and that's what a lot of americans don't understand. it's frustrating to me, that's correct. but there's probably a lore important point about the product and that is that our government is making it difficult for us compete. and the tax policy, president obama is telling small business people like myself, he's going to help out by raising taxes. . the only way is to invest in equipment and fuel costs the same, electricity costs the same. the only way i can have more is to have better equipment. the only way to invest is to be profitable and removes small profits and unable to-- wage gross decreases. >> a lot of businesses seem to do okay. ge didn't pay any taxes, so biggest organizations are finding ways to be circumvent the complexiti
it's the same as sold in china and india. it's a big difference, the question is how does a company like mine compete in a global environment where china, india and europe are on our shore. >> they're having government subsidies to chinese products so they can put guys like you out of business and that's what a lot of americans don't understand. it's frustrating to me, that's correct. but there's probably a lore important point about the product and that is that our government is making...
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Dec 11, 2012
12/12
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CSPAN2
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china, japan, malaysia, europe. there are people providing inputs to defense projects, commercially coming from all around the globe. >> guest: major military programs, the anti warfare program, the casey 46 tanker are actually commercial derivatives. they're built on the same line. a ticket out of the line only when you need to put in specialized equipment, and by that process using the commercial process to reduce the cost. >> there is the future. >> host: illinois, republican, >> caller: man. >> host: your on. >> guest: there is an old saying. we will talk on the war is over. we have been a war for 209 years how would you possibly think of cutting defense when in my humble opinion i think we could use fewer, less fat people and take care of entitlements. thank you. >> host: debra in ohio. democratic column. go ahead. >> caller: i was thinking, on this year fiscal cliff, to save money, why can't they put a tab on what these greedy hospitals, doctors, ambulance, lifelike, prescriptions, why can't they put a cap on
china, japan, malaysia, europe. there are people providing inputs to defense projects, commercially coming from all around the globe. >> guest: major military programs, the anti warfare program, the casey 46 tanker are actually commercial derivatives. they're built on the same line. a ticket out of the line only when you need to put in specialized equipment, and by that process using the commercial process to reduce the cost. >> there is the future. >> host: illinois,...